Company Insights Saudi Exchange/Tadawul Finance Saudi Exchange/Tadawul Overview The Saudi Exchange or Tadawul is a subsidiary of Saudi Tadawul Group, which was formed in March 2021 when the Saudi Stock Exchange (Tadawul) was transformed into the Saudi Tadawul Group holding company. Tadawul was initially formed in 2007 as a joint stock company and the sole entity authorised to act as a securities exchange in Saudi Arabia, but trading began in 1954 as an informal financial market. Tadawul is the only entity in Saudi Arabia that is authorised to act as the securities exchange. Its main activities include listing and trading securities, as well as the deposit, transfer, clearing, settlement and registry of ownership of securities. Saudi Exchange / Tadawul is an affiliate member of the International Organization of Securities Commissions, the World Federation of Exchanges and the Arab Federation of Exchanges. Saudi Exchange/Tadawul News Finance Poultry producer Entaj to list on the Saudi Stock Market The Arabian Company for Agricultural and Industrial Investment (Entaj) will list on the main market of the Saudi Tadawul on Monday with a share price of SAR50 ($13.30). It will be the fourth company to list on the main Saudi market in 2025 after the beauty ecommerce company Nice One and health care group Almoosa […] March 16, 2025 Renewable Energy Acwa Power bolsters renewables presence in China Saudi Arabian energy company Acwa Power has opened a renewable-energy innovation centre in Pudong New Area in Shanghai. The move is part of the company’s aim to expand its renewables presence in China, according to a statement. The new facility will focus on five areas: photovoltaics, wind, energy storage, green hydrogen and seawater desalination, Acwa […] March 10, 2025 Finance Derayah share price soars on first day of trading Shares in the online brokerage Derayah Financial rose by 30 percent on their first day of trading, the maximum allowed for newly listed companies, the Saudi stock exchange said. Derayah, the third-largest broker in Saudi Arabia, floated 20 percent of its shares on the Tadawul, the main market of the Saudi Stock Exchange, in a […] March 10, 2025 Mining Ma’aden to invest billions after profit surge The Saudi state mining company Ma’aden is looking to invest between SAR8.6 billion and SAR10.6 billion ($2.3 billion to $2.8 billion) this year as profits bounce back after a three-year low. It announced an 82 percent year-on-year increase in profits for 2024 to reach SAR2.87 billion, according to a disclosure made to the Saudi Stock […] March 7, 2025 Markets Saudi Tadawul profit surges 60% on higher trading value Saudi Tadawul Group, the owner and operator of the kingdom’s stock exchange, reported a 59 percent jump in 2024 profit, as annual trading value and listing services revenues rose by 38 percent and 27 percent, respectively. Net profit was SAR622 million ($166 million) compared to SAR390 million in 2023, the company said in a bourse […] March 3, 2025 Aviation Flynas secures $132m to acquire 3 A320neo aircraft Saudi low-cost carrier Flynas has secured a sharia-compliant loan of SAR495 million ($132 million) to acquire three Airbus A320neo aircraft, the airline said in a statement. The funding has been provided by Bank AlJazira, which trades on the Saudi stock exchange, the statement said. The new aircraft are expected to support Flynas’s network coverage, improve operational […] February 28, 2025 Markets Umm Al Qura IPO order book hits $126bn The institutional offering of Umm Al Qura for Development and Construction (Umm Al Qura), the developer of SAR100 billion ($26.7 billion) Masar, a mixed-use project in Mecca, was oversubscribed 241 times, according to a statement. The company, which is backed by the state-run General Organization for Social Insurance (Gosi) and Public Investment Fund (PIF), will raise […] February 28, 2025 Telecoms STC to pay special 2024 dividend as profit grows Saudi Telecom Company (STC), which trades on the Saudi stock exchange, has recommended a special dividend payout of nearly SAR10 billion ($2.7 billion) for 2024. That is over and above its fourth-quarter 2024 dividend of almost SAR3 billion. The special dividend announcement follows a near doubling in STC’s 2024 net profit to SAR25 billion. Revenue rose […] February 26, 2025 Finance Saudi firms look to improve ESG to attract investment Improvements in Saudi Arabian companies’ environmental, social and governance (ESG) performance are likely to attract more investment to the kingdom from international institutional investors, experts say, as new financial products with a focus on sustainability come to market. This week the kingdom’s first ESG exchange-traded fund (ETF) listed on the Saudi Stock Exchange (Tadawul) by […] February 21, 2025 Markets More dual listings expected as IPO trend continues Last year, eight companies launched initial public offerings (IPO) on the two main stock exchanges in the UAE, attracting more than $7 billion in investment. The same number could float this year and list in neighbouring Saudi Arabia, analysts say. UAE-based technology company Alpha Data has already announced plans to list 40 percent of its […] February 20, 2025 Posts navigation 1 2 … 6 Next
Finance Poultry producer Entaj to list on the Saudi Stock Market The Arabian Company for Agricultural and Industrial Investment (Entaj) will list on the main market of the Saudi Tadawul on Monday with a share price of SAR50 ($13.30). It will be the fourth company to list on the main Saudi market in 2025 after the beauty ecommerce company Nice One and health care group Almoosa […] March 16, 2025
Renewable Energy Acwa Power bolsters renewables presence in China Saudi Arabian energy company Acwa Power has opened a renewable-energy innovation centre in Pudong New Area in Shanghai. The move is part of the company’s aim to expand its renewables presence in China, according to a statement. The new facility will focus on five areas: photovoltaics, wind, energy storage, green hydrogen and seawater desalination, Acwa […] March 10, 2025
Finance Derayah share price soars on first day of trading Shares in the online brokerage Derayah Financial rose by 30 percent on their first day of trading, the maximum allowed for newly listed companies, the Saudi stock exchange said. Derayah, the third-largest broker in Saudi Arabia, floated 20 percent of its shares on the Tadawul, the main market of the Saudi Stock Exchange, in a […] March 10, 2025
Mining Ma’aden to invest billions after profit surge The Saudi state mining company Ma’aden is looking to invest between SAR8.6 billion and SAR10.6 billion ($2.3 billion to $2.8 billion) this year as profits bounce back after a three-year low. It announced an 82 percent year-on-year increase in profits for 2024 to reach SAR2.87 billion, according to a disclosure made to the Saudi Stock […] March 7, 2025
Markets Saudi Tadawul profit surges 60% on higher trading value Saudi Tadawul Group, the owner and operator of the kingdom’s stock exchange, reported a 59 percent jump in 2024 profit, as annual trading value and listing services revenues rose by 38 percent and 27 percent, respectively. Net profit was SAR622 million ($166 million) compared to SAR390 million in 2023, the company said in a bourse […] March 3, 2025
Aviation Flynas secures $132m to acquire 3 A320neo aircraft Saudi low-cost carrier Flynas has secured a sharia-compliant loan of SAR495 million ($132 million) to acquire three Airbus A320neo aircraft, the airline said in a statement. The funding has been provided by Bank AlJazira, which trades on the Saudi stock exchange, the statement said. The new aircraft are expected to support Flynas’s network coverage, improve operational […] February 28, 2025
Markets Umm Al Qura IPO order book hits $126bn The institutional offering of Umm Al Qura for Development and Construction (Umm Al Qura), the developer of SAR100 billion ($26.7 billion) Masar, a mixed-use project in Mecca, was oversubscribed 241 times, according to a statement. The company, which is backed by the state-run General Organization for Social Insurance (Gosi) and Public Investment Fund (PIF), will raise […] February 28, 2025
Telecoms STC to pay special 2024 dividend as profit grows Saudi Telecom Company (STC), which trades on the Saudi stock exchange, has recommended a special dividend payout of nearly SAR10 billion ($2.7 billion) for 2024. That is over and above its fourth-quarter 2024 dividend of almost SAR3 billion. The special dividend announcement follows a near doubling in STC’s 2024 net profit to SAR25 billion. Revenue rose […] February 26, 2025
Finance Saudi firms look to improve ESG to attract investment Improvements in Saudi Arabian companies’ environmental, social and governance (ESG) performance are likely to attract more investment to the kingdom from international institutional investors, experts say, as new financial products with a focus on sustainability come to market. This week the kingdom’s first ESG exchange-traded fund (ETF) listed on the Saudi Stock Exchange (Tadawul) by […] February 21, 2025
Markets More dual listings expected as IPO trend continues Last year, eight companies launched initial public offerings (IPO) on the two main stock exchanges in the UAE, attracting more than $7 billion in investment. The same number could float this year and list in neighbouring Saudi Arabia, analysts say. UAE-based technology company Alpha Data has already announced plans to list 40 percent of its […] February 20, 2025